Marpa Ecom Ltd

Marpa Ecom Ltd, based in London, UK, is a small, active company founded three years ago. It boasts £269,306 in assets and operates from a virtual address, a detail flagged by the high number of companies registered at the same location. The company is led by two directors and a single owner, who also serves as the solo founder. Marpa Ecom Ltd is a regular exporter, specializing in essential oils and perfumes, with ten months of export activity recorded, the last operation occurring in August 2023. The business operates in the retail sale via mail order houses or via internet industries.

However, a closer look at Marpa Co Ltd Ship Repair, a related entity, paints a different picture. Established in 1979 in Cyprus, this family-owned business focuses on ship repair, serving as the only local workshop exclusively dealing with all aspects of ship maintenance. It’s a long-standing operation with a different focus entirely, a contrast to the London-based e-commerce venture.

Financially, Marpa Ecom Ltd’s recent performance shows a mixed bag. While bank borrowings have increased dramatically, surging by 1,700% to £26,000, cash reserves have also seen a substantial rise, jumping 2,000% to £21,000. Creditors have increased significantly, rising 630% to £260,000, and debtors have also increased, rising 370% to £86,000. Perhaps most concerning is the sharp decline in equity, dropping 72% to just £7,900. The company’s small size—meeting two of three criteria for a small company—helps it remain flexible, but the equity decline suggests potential financial strain. No auditor is mentioned, likely due to the company's exemption as a small entity. It's worth noting that the company's net current assets have also decreased significantly, dropping 74% to £7,000.

Registered in England/Wales under the registration number 13604686, with a registered address at WC2H 9JQ, United Kingdom, London, 71-75 Shelton Street, Covent Garden.

WARNING:The numbers have been rounded for simplicity and may be inaccurate.Please, refer to the latest financial report for verification.